6, Underhill Close
6, Underhill Close
Description & Estimates
Public records show 6, Underhill Close, Market Rasen to be a mid-century freehold house with 775 ft2 of internal area, sitting on a 169 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
6, Underhill Close, Market Rasen has an estimated sale value of £156,530 and an estimated rental value of £861 per month, assuming reasonable condition and based on the information available.
Underhill Close, Nettleton, Market Rasen, LN7 lies in the borough of West Lindsey, within the LN7 postal district.
Our Data Sources
6, Underhill Close, Market Rasen has 41 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 6, Underhill Close, Market Rasen would be worth £164,357, with a potential rental value of £904 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £145,573, with a rental value of £800 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 6, Underhill Close, Market Rasen has decreased by £2,680 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £38 (4.4%). The property's estimated gross yield is currently 6.6%.
Plot Size
6, Underhill Close, Market Rasen occupies a 169 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
6, Underhill Close, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, coal.
Sold Prices
6, Underhill Close, Market Rasen last changed hands on 29th April 2022, selling for £151,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 9.7% since April 2022.
- Sold Apr 2022£151,500
- Sold Jul 2007£107,000
- Sold Jun 2006£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of 6, Underhill Close, Market Rasen across the last 2 years.
Most recently, 3 Orb Cottages, Cooks Lane, Market Rasen, LN7 6NL, a freehold house, sold at £164,000 on the 13th August 2021.
Read more about house prices in LN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 6, Underhill Close, Market Rasen as the 7th largest and the 6th most expensive of the 7 addresses on Underhill Close, Nettleton, Market Rasen, LN7.
Against the LN7 postcode district average, it is £103k less expensive than the typical property.
More reading links
Schools Nearby
- 300mNettleton Community Primary School
- 1.7kmCaistor CofE and Methodist Primary School
- 5.3kmGrasby All Saints Church of England Primary School
- 1.7kmCaistor Grammar School
- 2.2kmCaistor Yarborough Academy
- 11.3kmDe Aston School
More reading links
Public Transport Nearby
Barnetby station is the nearest stop to 6, Underhill Close, Market Rasen at 11.1 kilometres away.
- 11.1kmBarnetby
- 11.1kmMarket Rasen
- 12.3kmBrigg
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
